How to Buy Vera Therapeutics Stock
Vera Therapeutics Inc
Vera Therapeutics, Inc. , a clinical stage biotechnology company, focuses on developing and commercializing treatments for patients with serious immunological diseases in the United States.
Vera Therapeutics stock last closed at $39.95, up 1.09% from the previous day, and has increased 524.22% in one year. It has overperformed other stocks in the Biotechnology industry by 5.48 percentage points. Vera Therapeutics stock is currently +558.15% from its 52-week low of $6.07, and -21.33% from its 52-week high of $50.78.
There are currently 54.45M shares of VERA outstanding. The market capitalization of VERA is $2.18B. In the past 24 hours, 773,060 VERA shares were traded.
How to Buy Vera Therapeutics Stock
Not sure how to invest in Vera Therapeutics stock? Here's how.
- Choose where to buy Vera Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Vera Therapeutics stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Research Vera Therapeutics stock: The Vera Therapeutics ticker symbol is VERA. Is Vera Therapeutics stock a good investment? Should you buy shares of VERA? How do VERA's underlying business fundamentals look? Do top analysts think Vera Therapeutics is a good buy? Why has VERA's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if VERA is a good stock to buy).
- Make your VERA buy order: Decide if you will purchase VERA shares at the current market price or use a limit order to buy VERA stock at a given price.
- Get notifications regarding your VERA investment: Create a watchlist to watch your investment in Vera Therapeutics shares.
Step 1: Choose where to buy Vera Therapeutics stock
You need an online brokerage account in order to access the NASDAQ market and buy VERA shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to buy VERA stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best free stock trading app, you need to deposit funds:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Research Vera Therapeutics stock
Once you have chosen the best place to buy Vera Therapeutics stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.
Overview of key VERA info
Vera Therapeutics Overview
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on VERA's stock page.
What is the fair value of VERA stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VERA's fair value.
Using relative valuations methods:
- VERA could be overvalued based on its P/B ratio of 21.39x, relative to Biotechnology industry P/B ratio of 5.86x
You can access more valuation analysis on VERA's stock here.
VERA Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the VERA balance sheet.
- VERA has cash burn of 92244000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the VERA balance sheet.
Failed Health Checks:
- VERA has $160.72M in cash and short term investments. This is not sufficient to cover its annual cash burn of $92.24M.
- VERA has a relatively high debt to equity ratio of 0.73.
Is it a good time to buy Vera Therapeutics stock, according to Wall Street analysts?
Out of 7 sell side analysts who research VERA, the consensus analyst rating on Vera Therapeutics is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Latest VERA Analyst Upgrades/Downgrades
Anupam Rama, a bottom 49% analyst from JP Morgan maintains VERA with a strong buy rating and lowers their VERA price target from $25.00 to $22.00, on Nov 30, 2023.
Farzin Haque, a top 41% analyst from Jefferies upgrades VERA to a strong buy rating and raises their VERA price target from $18.00 to $26.00, on Nov 10, 2023.
You can dive deeper into what analysts are forecasting on the Vera Therapeutics stock forecast page.
VERA Technicals
Are VERA executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at VERA have sold more shares than they have bought.
Joseph R. Young, SVP FINANCE CHIEF ACCT OFFCR of VERA, was the latest VERA insider to sell. They sold $228,560.00 worth of VERA shares on Apr 10, 2024.
Research more about who owns VERA shares here.
Can I rely on VERA as an income stream?
No, Vera Therapeutics doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your VERA buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Click the Open button and eToro will execute your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your VERA investment
Now that you own some VERA stock, you'll want to stay up-to-date on your investment.
Start a watchlist to get alerted to the latest events about your VERA stock.
VERA Feed
How to Buy Stock in Vera Therapeutics
To summarize, here are the 6 steps to buy Vera Therapeutics stock:
- Choose where to buy Vera Therapeutics stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Vera Therapeutics stock
- Make your VERA buy order
- Get notifications regarding your VERA investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Vera Therapeutics, add VERA to your watchlist by clicking the button below.
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